MoP - Management of Portfolios Foundation & Practitioner

Focus on Training

Course

Online

£ 1,249 + VAT

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Description

  • Type

    Course

  • Methodology

    Online

Management of Portfolios (MoP) is a high level set of best practice project management guidance from the same family as PRINCE2 and MSP. It provides advice and examples of how to apply principles, practices, and techniques that enable the most effective balance of organisational change and business as usual. Delivered by fully accredited trainers and industry leading experts with extensive experience of portfolio management, the course engages with the students to ensure that theory is embedded and delegates feel confident in the practical application of MoP. Target Audience: The MoP Practitioner qualification is aimed at those involved in a range of formal and informal portfolio management roles encompassing investment decision making, project and programme delivery, and benefits realisation. It is relevant to all those involved in the selection and delivery of business change initiatives including: Members of management boards and Directors of ChangeSenior Responsible Owners (SROs)Portfolio, Programme, Project, Business Change, and Benefits ManagersBusiness Case writers and project appraisers. Learning Objectives The objective of the course is to confirm understanding of the MoP principles, cycles, practices, techniques, roles and documentation. This will enable them to work as an informed member of a Portfolio Office or in a range of Portfolio Management roles. Specifically they will know and understand the: Scope and objectives of portfolio management and how it differs from programme and project managementBenefits from applying portfolio managementContext within which it operatesPrinciples upon which successful portfolio management is basedApproaches to implementation, the factors to consider in maintaining progress, and how to assess the success of portfolio managementPurposes of the portfolio management definition and delivery cycles and their component practices, and relevant techniques applicable to each practicePurpose and key content of...

About this course

You will be involved in Portfolio Management or be planning to move your career to this corporate level in the near future. A knowledge of other best practice guidance such as PRINCE2 and MSP is useful, but not essential.

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Subjects

  • Ms Office
  • Project Management
  • Project
  • Office IT
  • IT Project Management
  • Benefits
  • Governance
  • Portfolio Management

Course programme

Overview The definitions of portfolio and portfolio management The portfolio management model and the relationship between the principles, cycles, practices and relevant techniques The differences between portfolios and portfolio management on the one hand, and projects/project management and programmes/programme management on the other The local circumstances that will affect how the MoP principles and practices will be adapted and how cost effective approaches can be adopted The objectives and benefits of portfolio management

Implement, sustain and measure The three broad approaches to implementing portfolio management; when each approach to implementation is most relevant, the advantages of planned approaches to implementation The benefits of assessing the impact of portfolio management Seven steps (and their benefits) in a staged implementation of portfolio management The factors to consider in sustaining progress Approaches to assessing portfolio management maturity

Strategic and organizational context

The 6 key functions/activities that portfolio management needs to coordinate with to achieve strategic objectives Identify how portfolio management can: - Coordinate with Business As Usual, strategic planning, resource allocation and budgeting, project and programme management, performance management to deliver strategic objectives - Support effective corporate governance

Portfolio management principles

The 5 principles upon which effective portfolio management is based - Senior management commitment - Governance alignment - Strategy alignment - Portfolio office - Energised change culture

Portfolio definition cycle

The portfolio definition practices: - Understand - Categorize - Prioritize - Balance - Plan

Understand the terms and concepts relating to the portfolio definition cycle. The techniques of: - Three point estimating and reference class forecasting - Driver-based strategic contribution analysis - Multi-criteria analysis - Decision conferencing - Clear line of sight

What is involved and the keys to success.

Portfolio delivery cycle

The portfolio delivery practices: - Management control - Benefits management - Financial management - Risk management - Stakeholder engagement - Organizational governance - Resource management

The techniques of: - Management by exception - One version of the truth - Staged release of funding - Clear line of sight reporting - Champion-challenger model

What is involved, the main elements, and keys to success.

Roles and documentation The purposes and responsibilities of the main portfolio management roles identified in MoP The purposes of the main portfolio management documentation

Implement, sustain and measure Identify appropriate approaches when implementing, sustaining, and measuring portfolio management for a given scenario Analyse whether recommended approaches to implementing, sustaining, and measuring portfolio management have been undertaken appropriately in the context of a given scenario, with reasons

Portfolio definition cycle Apply and tailor the practices and techniques of the portfolio definition cycle to a scenario Identify appropriate practices and techniques within the portfolio definition cycle Identify, analyse and distinguish between appropriate and inappropriate application of portfolio definition practices and techniques to a scenario

Portfolio delivery cycle Apply and tailor the practices, techniques and responsibilities of the portfolio delivery cycle to a scenario Identify appropriate practices and techniques within the portfolio delivery cycle Identify, analyse and distinguish between appropriate and inappropriate application of portfolio delivery practices to a scenario Analyse whether the approaches adopted are appropriate, with reasons, in a given scenario

Roles and documentation Apply and tailor MoP to a scenario. Identify appropriate application of the main portfolio management roles identified in MoP Identify, analyse and distinguish between appropriate and inappropriate application of the syllabus area to a scenario. Analyse whether, the specified roles have been involved appropriately, with reasons Identify appropriate information, using typical contents, for inclusion in the relevant portfolio documentation Analyse whether the portfolio documentation is fit for purpose, with reason

Practitioner Examination Overview An overview of the MoP Practitioner exam - length, number and type of questions, etc

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MoP - Management of Portfolios Foundation & Practitioner

£ 1,249 + VAT

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